IAR Systems Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OM:IAR B Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Feb 25	BuySEK 2,698,110	Cecilia Wachtmeister	Individual	20,000	SEK 134.91
25 Oct 24	BuySEK 2,950,000	Tequity Management AB	Company	25,000	SEK 118.00
24 Oct 24	BuySEK 365,758	Michael Ingelog	Individual	3,000	SEK 124.00
24 Oct 24	BuySEK 406,300	Nicolas Hassbjer	Individual	3,300	SEK 123.50
24 Oct 24	BuySEK 612,500	Cecilia Wachtmeister	Individual	5,000	SEK 122.50
19 Aug 24	BuySEK 334,409	Cecilia Wachtmeister	Individual	2,000	SEK 167.20

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of IAR B?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	444,342	3.66%
Private Companies	679,679	5.6%
Hedge Funds	1,352,570	11.1%
General Public	2,894,217	23.8%
Institutions	6,766,528	55.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 75.11% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.1%	Alcur Fonder AB	1,352,570	SEK 241.3m	13.5%	11.03%
10.7%	Andra AP-fonden	1,295,415	SEK 231.1m	0%	0.29%
6.82%	Aktia Bank, PLC, Asset Management Arm	827,758	SEK 147.7m	0%	6.08%
5.11%	Tredje AP-fonden	620,000	SEK 110.6m	0%	0.05%
4.86%	Fourth Swedish National Pension Fund (AP4)	590,000	SEK 105.3m	0%	0.06%
4.78%	Arbejdsmarkedets Tillægspension (Atp)	580,320	SEK 103.5m	0%	0.17%
4.53%	Highclere International Investors LLP	549,806	SEK 98.1m	0%	1.79%
4.07%	Avanza Fonder AB	493,801	SEK 88.1m	-47.6%	0.07%
3.05%	Ribbskottet AB	387,865	SEK 65.9m	0%	no data
2.78%	Nicolas Hassbjer	354,314	SEK 60.2m	0%	no data
2.32%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	295,300	SEK 50.2m	0%	no data
2.29%	Tequity Management AB	291,814	SEK 49.6m	0%	no data
2.28%	Schroder Investment Management Limited	290,000	SEK 49.3m	0%	no data
2.09%	Fondita Rahastoyhtio AB	254,210	SEK 45.4m	0%	0.88%
1.98%	SEB Investment Management AB	240,809	SEK 43.0m	0%	0.01%
1.93%	Deka Investment GmbH	234,000	SEK 41.7m	0%	no data
1.33%	Sp-Rahastoyhtiö Oy	162,010	SEK 28.9m	0%	0.11%
1.1%	AXA Investment Managers S.A.	140,000	SEK 23.8m	0%	no data
0.44%	Storebrand Fonder AB,	56,467	SEK 9.6m	0%	no data
0.4%	FCG Fonder AB	48,369	SEK 8.6m	0%	0.08%
0.34%	DNB Asset Management AS	43,716	SEK 7.4m	0%	no data
0.28%	Fred Wikström	35,400	SEK 6.0m	0%	no data
0.21%	Skandia Fonder AB	27,376	SEK 4.7m	0%	no data
0.2%	Richard Lind	25,598	SEK 4.4m	0%	no data
0.09%	Cecilia Wachtmeister	11,500	SEK 2.0m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/29 00:06
End of Day Share Price	2025/07/29 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IAR Systems Group AB (publ) is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Viktor Högberg	Danske Bank
Joachim Gunell	DNB Carnegie
Joachim Gunell	DNB Carnegie Commissioned Research